A lot of people like to collect artwork. The vast majority buy prints, and occasionally an original, they like from local galleries and big box stores. There are others who are serious collectors though. These are individuals who have the resources to spend considerable sums on works they believe will increase in value. These are the art lovers who call on art advisors NYC experts know will have the best suggestions for making wise investments.
For most, an artistic advisor is unnecessary. Individuals who buy works they like and hang them for purposes of decoration, don't need a professional to tell them which pieces are better than others and why. Casual buyers are more interested in the way textiles, pottery, and paintings look in their homes than whether or not they will one day to worth a lot of money.
An artistic advisor is a person with advanced education in the subject including history, genres, and artists. The individual knows which up and coming artists are the most promising and introduces clients to the most influential experts in the market. They will negotiate with galleries for their clients and bid for them at auctions. For this service, an advisor will either accept a percentage of the purchase price or charge a monthly or annual fee.
An advisor is a vital source with vast knowledge when it comes to market influences, analyzing sales at auction, and how the market actually operates behind the scenes. One of the first things an advisor has to understand is the level of commitment a potential client is willing to bring to investment purchases. Once a budget is in place, the advisor can teach the individual to recognize the highest quality artistic possibilities within that budget.
Just because an artist is well known doesn't mean every piece he or she produces is an automatic masterpiece. Sometimes inexperienced collectors are too quick to spend money on a work that will never produce the kind of dividends the client expects. It is the advisor's job to point this out and steer the person toward work that may not be as famous, but has more potential.
People who don't know better assume an exclusive gallery shows all of its pieces to the general public. What many don't understand is that valued and serious gallery clients are always contacted when the gallery comes in possession of a piece the owner believes will interest a client. A professional advisor can overcome some of this bias.
Collecting at this level involves more than purchasing artwork and waiting for it to increase in value. There are legal, tax, and sometimes international, implications to this kind of investing. An advisor can represent a client with their attorneys, accountants, and bankers to resolve complicated issues.
People collect for different reasons. For ordinary people who love art, finding a nice piece unexpectedly, and having the opportunity to purchase it, is a great experience. For an investor, finding an important work and having an advisor suggest it is undervalued is an equally great experience.
For most, an artistic advisor is unnecessary. Individuals who buy works they like and hang them for purposes of decoration, don't need a professional to tell them which pieces are better than others and why. Casual buyers are more interested in the way textiles, pottery, and paintings look in their homes than whether or not they will one day to worth a lot of money.
An artistic advisor is a person with advanced education in the subject including history, genres, and artists. The individual knows which up and coming artists are the most promising and introduces clients to the most influential experts in the market. They will negotiate with galleries for their clients and bid for them at auctions. For this service, an advisor will either accept a percentage of the purchase price or charge a monthly or annual fee.
An advisor is a vital source with vast knowledge when it comes to market influences, analyzing sales at auction, and how the market actually operates behind the scenes. One of the first things an advisor has to understand is the level of commitment a potential client is willing to bring to investment purchases. Once a budget is in place, the advisor can teach the individual to recognize the highest quality artistic possibilities within that budget.
Just because an artist is well known doesn't mean every piece he or she produces is an automatic masterpiece. Sometimes inexperienced collectors are too quick to spend money on a work that will never produce the kind of dividends the client expects. It is the advisor's job to point this out and steer the person toward work that may not be as famous, but has more potential.
People who don't know better assume an exclusive gallery shows all of its pieces to the general public. What many don't understand is that valued and serious gallery clients are always contacted when the gallery comes in possession of a piece the owner believes will interest a client. A professional advisor can overcome some of this bias.
Collecting at this level involves more than purchasing artwork and waiting for it to increase in value. There are legal, tax, and sometimes international, implications to this kind of investing. An advisor can represent a client with their attorneys, accountants, and bankers to resolve complicated issues.
People collect for different reasons. For ordinary people who love art, finding a nice piece unexpectedly, and having the opportunity to purchase it, is a great experience. For an investor, finding an important work and having an advisor suggest it is undervalued is an equally great experience.
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